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Do you know of anyone who’s done an economic analysis of the blogosphere, given that the currency seems to be something like “traffic” or “links”? The way you “pay someone” for something is by posting a link to their site, through which you provide their site traffic.

(The “economic value” of a link is primarily proportional to the amount of traffic it gives rise to for the linked-to site, but other issues like page rank are involved to,. I suppose.)

kevin

I think bloggers think blogging is more interesting than it really is. I frequently read bloggers discussing the politics and motivations of the blogosphere as though it were fascinating. Its a bias common to all media though. I’ve noticed a proliferation of televisions shows about television shows, movies about Hollywood/actors/movies.